Products & Services

Resources & Tools

Builder Workflows

See how HomeStreet's lending workflows help your and your customers throughout the loan approval and underwriting processes.

How We Help:

Streamlined application process

Efficient turn times

Great communication

Over 95 years of experience working with builders and buyers

Our Builder Workflow Process

Financing can be one of the biggest influences on your buyers’ decision to purchase. Finding a lender who understands your buyers’ concerns, knows the new home sales process, and offers programs and services specific to new home sales is rare.

HomeStreet is one of the top new home lenders in the Western United States, serving customers in Washington, Oregon, California, Hawaii, Idaho, Utah, and Arizona. We have been working with builders for over 95 years, and have hundreds of experienced sales professionals who can bring you a wealth of ideas and solutions to create sales.

Make Sense Underwriting

Credit Approvals

Reduce the uncertainty around approval letters. With HomeStreet, your Loan Officer has the option to send your borrowers through the full underwriting process. Qualified buyers will receive a borrower approval with all conditions before you accept their offer.

New Home Appraisers

We use appraisers who are experienced with new construction in each market. Quick turn times and great communication are part of the process.

Age of Credit Documents

At HomeStreet, credit documents for new construction purchases are good for 120 days on all Fannie and Jumbo programs and 180 days on all government programs, reducing the burden on buyers to provide duplicate documentation prior to closing.

Loan Documents out Prior to Final CO and 442

Documents are out early to escrow so clients can sign and conduct their walk through without being rushed. The final CO and appraisal (442) are moved to funding conditions.

Limited Escrow Holdback

We only hold back 100% of cost for weather and non-occupancy related items that will be completed after closing (on Fannie Mae and Freddie Mac loans only).

Limited Credit Overlays

HomeStreet’s credit overlays are minimal compared to most lenders, resulting in faster approvals and more lending options for your buyers.

You Are Leaving HomeStreet Bank

By choosing “click here to continue” you will be taken to a web site that is not affiliated with HomeStreet Bank and
may offer a different privacy policy and level of security. HomeStreet is not responsible for and does not endorse,
monitor or guarantee content, availability, viewpoints, products or services that are offered or expressed on other
web sites. Furthermore, products offered on other web sites may not be FDIC insured. Thank you.

You are leaving our secured site to send an email. Please be aware this email is not a secure method of communication.
Do not use email to send us confidential or sensitive information such as passwords, account numbers or social security numbers.
If you need to provide this type of information, use our secure “Contact Us” form or by phone or fax for other secure options.